2018 NOK to TRY Historical Review

YEARLY HIGH

0.8306 TRY

YEARLY LOW

0.4626 TRY

YEARLY AVERAGE

0.5926 TRY

2018 NOK to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 0.8306. Conversely, the yearly low was recorded on January 1, dropping to 0.4626.

This high-to-low spread represents a total annual volatility of 0.3679 TRY. From a start-to-finish perspective, comparing the January average rate of 0.4771 to the December average rate of 0.6151, the exchange rate registered a net change of 28.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.8306 was up 70.61% compared to the 2017 peak of 0.4868, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NOK based on timing:

Yearly Peak High 4,153 TRY

2017 Average 2,207 TRY

Yearly Trough Low 2,313 TRY

Transaction Impact: A difference of 1,839.63 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.7934

0.4483

JanuMarcMayJulySeptNove

NOK to TRY Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.5161, compared to 0.6691 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1531 points.

H1 Avg (Jan–Jun) 0.5161

H2 Avg (Jul–Dec) 0.6691

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.2208 TRY (High: 0.8306 / Low: 0.6097). On the other end, February was the most stable month, with a tight range of 0.0101 TRY (High: 0.4887 / Low: 0.4786).

August Spread (Volatile) ±0.2208

February Spread (Stable) ±0.0101

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0716 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0716

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.7115) against the same month in 2017 (average: 0.4446), the exchange rate shifted by +0.2669 (+60.05%).

2018 Avg (August) 0.7115

2017 Avg (August) 0.4446

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4911	0.4626	0.4771
February	0.4887	0.4786	0.4831
March	0.5168	0.4858	0.5012
April	0.5338	0.5035	0.5179
May	0.5873	0.5080	0.5469
June	0.5830	0.5553	0.5702
July	0.6033	0.5636	0.5868
August	0.8306	0.6097	0.7115
September	0.7944	0.7367	0.7646
October	0.7502	0.6507	0.7042
November	0.6611	0.6056	0.6326
December	0.6333	0.6034	0.6151